Tuesday 21 February 2012

Market Commentary

The FBM KLCI index gained 3.21 points or 0.21% on Tuesday. The Finance Index increased 0.26% to 13952.02 points, the Properties Index up 0.31% to 1048.83 points and the Plantation Index down 0.85% to 8745.43 points. The market traded within a range of 6.73 points between an intra-day high of 1564.86 and a low of 1558.13 during the session.

Actively traded stocks include IFCAMSC, GOCEAN, NICORP, COMPUGT, FOCUS-WB, FOCUS, TMS, KHSB, JCY and TEBRAU. Trading volume increased to 1894.51 mil shares worth RM1747.28 mil as compared to Monday’s 1864.17 mil shares worth RM1610.89 mil.

Leading Movers were MAYBANK (+9 sen to RM8.70), MAXIS (+17 sen to RM5.98), AXIATA (+4 sen to RM5.04), TM (+7 sen to RM4.93) and TENAGA (+3 sen to RM6.07). Lagging Movers were KLK (-14 sen to RM24.00), YTL (-4 sen to RM1.47), AMMB (-7 sen to RM6.07), BAT (-90 sen to RM53.00) and MMCCORP (-5 sen to RM2.81). Market breadth was negative with 370 gainers as compared to 442 losers. -- JF Apex Securities Bhd



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